Emerald Mutual Fund Advisers Trust’s MODEL N, INC. MODN Stock Holding History

Emerald Mutual Fund Advisers Trust’s Portfolio MODN Stock Details MODN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q4	–	Sell	-444,605	Closed	-$10.9M	–	254
2023 Q3	$10.9M	Sell	444,605 -226,409	-34%	-$6.72M	0.66%	68
2023 Q2	$23.7M	Buy	671,014 +30,107	+5%	+$968K	1.29%	16
2023 Q1	$21.5M	Buy	640,907 +48,746	+8%	+$1.78M	1.27%	22
2022 Q4	$24M	Hold	592,161	–	–	1.49%	13
2022 Q3	$20.3M	Sell	592,161 -43,300	-7%	-$1.25M	1.28%	20
2022 Q2	$16.3M	Hold	635,461	–	–	0.94%	39
2022 Q1	$17.1M	Sell	635,461 -52,961	-8%	-$1.38M	0.76%	50
2021 Q4	$20.7M	Buy	688,422 +49,881	+8%	+$1.56M	0.73%	52
2021 Q3	$21.4M	Hold	638,541	–	–	0.74%	52
2021 Q2	$21.9M	Sell	638,541 -7,260	-1%	-$266K	0.72%	54
2021 Q1	$22.8M	Sell	645,801 -73,975	-10%	-$2.84M	0.76%	52
2020 Q4	$25.7M	Sell	719,776 -18,586	-3%	-$644K	0.89%	39
2020 Q3	$26M	Hold	738,362	–	–	1.15%	25
2020 Q2	$25.7M	Buy	738,362 +148,359	+25%	+$4.32M	1.21%	22
2020 Q1	$13.1M	Sell	590,003 -61,666	-9%	-$1.8M	0.82%	44
2019 Q4	$22.9M	Hold	651,669	–	–	0.93%	32
2019 Q3	$18.1M	Hold	651,669	–	–	0.8%	38
2019 Q2	$12.7M	Hold	651,669	–	–	0.5%	75
2019 Q1	$11.4M	Sell	651,669 -20,380	-3%	-$326K	0.46%	78
2018 Q4	$8.89M	Hold	672,049	–	–	0.42%	87
2018 Q3	$10.7M	Buy	672,049 +74,900	+13%	+$1.31M	0.36%	104
2018 Q2	$11.1M	Hold	597,149	–	–	0.4%	96
2018 Q1	$10.8M	Hold	597,149	–	–	0.42%	87
2017 Q4	$9.4M	Sell	597,149 -21,566	-3%	-$325K	0.37%	99
2017 Q3	$9.25M	Sell	618,715 -29,360	-5%	-$392K	0.39%	95
2017 Q2	$8.62M	Hold	648,075	–	–	0.38%	99
2017 Q1	$6.77M	Hold	648,075	–	–	0.31%	112
2016 Q4	$5.74M	Hold	648,075	–	–	0.27%	119
2016 Q3	$7.2M	Buy	648,075 +28,310	+5%	+$332K	0.37%	106
2016 Q2	$8.27M	Hold	619,765	–	–	0.46%	83
2016 Q1	$6.67M	Buy	619,765 +18,000	+3%	+$188K	0.38%	100
2015 Q4	$6.72M	Buy	601,765 +3,750	+0.6%	+$40K	0.35%	100
2015 Q3	$5.99M	Sell	598,015 -4,000	-0.7%	-$43.3K	0.39%	95
2015 Q2	$7.17M	Buy	602,015 +93,354	+18%	+$1.11M	0.55%	71
2015 Q1	$6.17M	Buy	+508,661	New	+$5.84M	0.51%	76

Other funds holding MODN

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

CCA

Conestoga Capital Advisors Wayne, Pennsylvania $5.01B AUM 6.26% 1-Year Est. Return

Neuberger Berman Group New York $131B AUM 28.36% 1-Year Est. Return

Artisan Partners Milwaukee, Wisconsin $62.3B AUM 26.25% 1-Year Est. Return

ClearBridge Investments New York $115B AUM 24.78% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

FLAM

First Light Asset Management Edina, Minnesota $1.12B AUM 114.45% 1-Year Est. Return

Riverbridge Partners Minneapolis, Minnesota $3.58B AUM 4.02% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

T. Rowe Price Investment Management Baltimore, Maryland $145B AUM 22.78% 1-Year Est. Return

Emerald Mutual Fund Advisers Trust's MODN Position: Q4 2023 in Review

Emerald Mutual Fund Advisers Trust sold out of MODEL N, INC. (MODN) in Q4 2023, closing a stake of 444,605 shares — an estimated $10.9M sold.

Emerald Mutual Fund Advisers Trust first reported a position in MODN in Q1 2015 and held it in 35 quarters. The position peaked at $26M in Q3 2020. 168 funds tracked by Wall St. Rank hold MODN as of Q4 2023.

Emerald Mutual Fund Advisers Trust reported no remaining MODEL N, INC. position as of Q4 2023 after selling out during the quarter.
Emerald Mutual Fund Advisers Trust sold 444,605 MODEL N, INC. shares in Q4 2023, an estimated $10.9M.
Emerald Mutual Fund Advisers Trust first reported a position in MODEL N, INC. in Q1 2015 and held it in 35 quarters.
Emerald Mutual Fund Advisers Trust's MODEL N, INC. position peaked at $26M in Q3 2020.
168 funds tracked by Wall St. Rank held MODEL N, INC. as of Q4 2023.

Based on Emerald Mutual Fund Advisers Trust's 13F filing for Q4 2023, filed 5 Feb 2024.